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Vacant Land Loans in Hawaii

"Best rates, fast, efficient and professional. I highly recommend them for your loan needs. They treat their members like family."

- Gina


A loan to finance the purchase of land

Rates as low as 6.25% APR1

Monthly Payment



What is a Vacant Land Loan?


A vacant land loan is used to finance the purchase of land. Finding that ideal property makes it that much more exciting when you’re ready to build the home of your dreams. Choose fixed rate financing for a long term project or a more affordable interest-only option, if construction is scheduled to start right away.

Why Choose HFS for Your Vacant Land Loan?

A vacant land loan from HFS FCU is your stepping stone on the way to your dream home. Once you find that perfect piece of property, let us help you with the financing. While you’re at it, check out our Construction to Permanent loan option as you’re getting ready to start building.

Have questions? Make an appointment to speak with a loan officer or give us a call and we’ll be happy to assist you. We’re proud to be a part of the credit union movement, all about people helping people. We’re here to help you.

Interest-Only Vacant Land Loan

Enjoy up to 36 months of interest-only payments designed to provide you enough time to plan, obtain permits, and secure financing for the construction of your new home.


Competitive interest rates


Up to 36 months of interest-only payments with balloon payment at maturity


Borrow up to 90% of the value of the land


No prepayment penalties

 10 Year Fixed Vacant Land Loan

If you want to buy land now but build later, a Vacant Land 10 Year Fixed will give you the time you need to prepare.


Competitive interest rates


Terms up to 10 years (120 months)


Borrow up to 80% of the value of the land


No prepayment penalties

Whenever I need any kind of help with financing, this is my go to source. Good people.

— Hanalei

Additional info


Get one-on-one help today by contacting the Credit Union and asking for a Loan Officer.

View a list of our Mortgage Loan Originators.

Download the Vacant Land Loan Packet to get started and complete the Unimproved Property sections.

Frequently Asked Questions

  • Unfortunately at this time, all Vacant Land Loans must be submitted to the Credit Union with a paper application. For complete details and the application please reference the Unimproved Property section of the Real Estate Packet. Should you have any additional questions, please call (808) 930-1400 or visit any office.


Drop us a message anytime with your questions or schedule an appointment with a loan officer.

  • 1APR= Annual Percentage Rate. The stated rate is based on a Vacant Land Interest Only Loan with a balloon payment due at 36 months. Subject to credit approval. Rates are fixed for the life of the loan. Rate may vary based on loan type. Member will be responsible for all expenses incurred to secure the loan.

    SAFE Act Information
    On July 28, 2010 the Nation Credit Union Administration (NCUA) and other Federal Agencies published a final rule to implement the federal registration requirements of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act). The registration requirements apply to all employees acting in the capacity of a Mortgage Loan Originator (MLO). The S.A.F.E. Act requires all MLOs to register with the Nationwide Mortgage Licensing System and Registry (NMLS). Upon completing this registration, each MLO is provided with a Unique Identifier number from the NMLS. An MLO must provide this Unique Identifier number to each mortgage loan applicant upon request and prior to the employee acting as an MLO.

    Membership with the Credit Union is required and open to all who live, work, worship, attend school, volunteer or participate in associations headquartered on the island of Hawai’i. A minimum opening balance of $50.00 is required to open a Savings Account.

Fraudulent Text Messages claiming to be from HFS are being sent. If you received a text and are unsure of its legitimacy, please contact the credit union.